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Dan
You are very confused - you want to top up at the same time as saying that the market cap will reduce to under 18 Billion Euro . Have you come to the conclusion yet that you have been talking nonsense.
No way I am taking my money & investing elswhere, in fact, I plan to top up with vod on Monday in my I.S.A.
Dan
4 Apr 2024 16:04
'' If vod buys back 4 billion euro's of shares & cancel them, the market cap will reduce by 4 billion euro's. The 4 billion euro's comes out of the market cap''
Dan
confused ? there is NO confusion -
Vodafone market cap is less than 22 Billion Euro.
Dan expects that to reduce by 4 Billion with the Vodafone investment.
With that outlook Dan , I suggest you take your money and invest elsewhere.
L.T.I. Are you feeling alright? You sound like a confused parrot
Vodafone market cap is less than 22 Billion Euro.
Dan expects that to reduce by 4 Billion with the Vodafone investment.
With that outlook Dan , I suggest you take your money and invest elsewhere.
''Thanks mate.''
why?
Dan
4 Apr 2024 16:04
'' If vod buys back 4 billion euro's of shares & cancel them, the market cap will reduce by 4 billion euro's. The 4 billion euro's comes out of the market cap''
Fleccy. You are a breath of fresh air. At last someone is talking sense. I am not for or against buybacks, but I think the vod bod know what they are doing, & clearly more than the new kid on the block A.K.A. L.T.I. does. It is just common sense that you can not buy back 4billion euro of shares without having to pay it. Of course if the vod sp goes up after the share buy backs then the market cap may even rise, & I hope it does. Thanks mate.
Flec
''Daniel you're correct''
Dan
4 Apr 2024 16:04
'' If vod buys back 4 billion euro's of shares & cancel them, the market cap will reduce by 4 billion euro's. The 4 billion euro's comes out of the market cap''
Daniel you're correct, if the price stays around 70p after the share buybacks then the market cap will fall dependent on the number of shares cancelled. I'm not completely against buybacks, in Vodafone's case I actually agree with the strategy as long as they also embark on a significant debt reduction strategy. The only reason I mention debt is because it's a recurring theme used to beat up both Vodafone and BT, if they operate a policy to pay down debt as it matures over the next 8 years they could knock €30 Billion off the Gross Debt figure.
https://docs.google.com/spreadsheets/d/e/2PACX-1vRA1ndHTf_Bz7O_moDxmcbWnEtcusZucUu6lEJvm3O4mGooeH4ErFjRqot3RQHBaVXCgoUED1k2CUVK/pubchart?oid=1681133451&format=interactive
A bird in the hand is worth 2 in a bush, show me the money now F*k the buybacks
“ Enjoy your weekend everyone, next week it’s 120p”
That would be awful! pLeAsE tHiNk Of ThE bUy BaCkS!
Enjoy your weekend everyone, next week it’s 120p
“ I give up - you, B and KR are lost causes - not worth wasting any more of my time on”
No one is falling for your sleight of hand attempts at making shares disappear at zero cost and no amount of copying/pasting the same old rubbish where your options are masquerading as facts or you just ignore anything that doesn’t suit you is going to change that.
If its 22b now and drops 4b but shares are cancelled them my investment in vod is unchanged. Do you understand that? As you keep repeating the overall market cap numbers and not the effect on the SP, which numerous people are saying would be neutral, so our investments are neutral as a result of the buybacks (I'm not arguing if the sp is neutral, I agree there would be an improvement, but for different reasons and a smaller amouny) most invested in here were here long before talk of buybacks and see other reasons why the SP will improve, we are not invested for the buybacks alone, as many believe to be totally neutral. Before regurgitating the same nonsense, read what I have said. You really are a tiresome individual, who may have some valid points that get lost in your bile.
Dan
''Thank's a lot Fleccy if you can help me on this one. ''
Flec is not too keen on buybacks.
You have already been given relevant info regarding buybacks - it is up to you to digest properly which would help with investment decisions.
The current market cap is under 22 Billion Euros. Your stated believe is that a 4 Billion investment in Vodafone shares would reduce that figure by 4 Billion, which with your thinking would make Vodafone not a very good investment to be purchasing .
Rob. I think we all realise by now this L.T.I. guy is so up himself we are never going to get any sense from him, so time to give up. Have a good weekend mate.
LTI
The market decided to give Lloyds a lower valuation today (market cap) than yesterday.
The share price is 53.32p
Without their buyback programmes the share would would currently be about 44p
so as a result of the buybacks you are saying the share price has benefited by 9.3p is that correct
Your just making numbers up. You have no idea what the value would have been if they had £xb more cash instead of the buybacks, that cash could have been used for loans etc, buying tesco bank instead of barclays. You've just applied one part of the maths, which seems a recurring theme with you.
Rob
''so if not to benefit the share price, what exactly is the benefit to share holders''
I give up - you, B and KR are lost causes - not worth wasting any more of my time on.
The market decided to give Lloyds a lower valuation today (market cap) than yesterday.
The share price is 53.32p
Without their buyback programmes the share would would currently be about 44p
"It seems one or two cannot comprehend, and need the same thing repeated to them over and over and over and over and over again until maybe then it sinks in (must be age related.)
The market decides on the valuation of Vodafone on a daily basis.
NOTHING TO DO WITH BUYBACKS, which the purpose of them is solely to reduce share capital"
It's because you keep trying to play the same trick of reducing the number of shares without accounting for the cost of reducing the number of shares.
Instead, you hide behind this nonsense of "The market decides on the valuation of Vodafone on a daily basis.". The market will reduce the valuation to reflect the reduction in cash and it will be offset by the reduction in shares, so no real change. Shock horror, this doesn't turn out to be a fool proof way to drive up the share price by reducing the numbers of share in issue at zero cost.
Age related i'm only 21 lol
so if not to benefit the share price, what exactly is the benefit to share holders
Rob
''just an estimate, by how much do you think the 4 bn buyback could increase the share price by, we know the markets determine the share price on a daily basis, i'm just asking by how much do you think the buybacks should increase the sp by''
??
please read and comprehend -
it seems one or two STILL cannot comprehend, and need the same thing repeated to them over and over and over and over and over again until maybe then it sinks in (must be age related.)
The market decides on the valuation (market cap) of Vodafone on a daily basis -
NOTHING TO DO WITH BUYBACKS, which the purpose of is to solely to reduce share capital.
Buybacks for cancellation would increase the SP over what it would otherwise be.
LTI, just an estimate, by how much do you think the 4 bn buyback could increase the share price by, we know the markets determine the share price on a daily basis, i'm just asking by how much do you think the buybacks should increase the sp by